G’Santé: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
G’Santé
Largest movements
- Tangible fixed assets -€18,146
down €18,146 (-28.7%), from €63,236 to €45,090
of which Leasing and similar rights: -€9,656
- Intangible fixed assets -€12,861
down €12,861 (-16.6%), from €77,490 to €64,629
- Receivables within one year +€8,375
up €8,375 (+101%), from €8,291 to €16,666
- Cash -€3,521
down €3,521 (-67.8%), from €5,194 to €1,674
mainly Debts after one year (-€26,545) and Net result for the year (-€16,668)
- Debts after one year -€26,545
down €26,545 (-24.3%), from €109,052 to €82,507
of which Financial debts: -€26,545
- Profit (loss) carried forward -€16,668
down €16,668, from €281 to -€16,387
- Other debts +€10,032
up €10,032 (+155%), from €6,461 to €16,493
- Accrued charges and deferred income +€9,670
up €9,670 (+1,888%), from €512 to €10,183
- Tax, wage and social debts -€3,716
down €3,716 (-53.7%), from €6,924 to €3,208
of which Remuneration and social security: -€2,000
- Gross operating margin -€11,455
down €11,455 (-33.9%), from €33,802 to €22,347
- Depreciation +€1,381
up €1,381 (+4.7%), from €29,626 to €31,007
- Other operating charges +€1,026
up €1,026 (+139%), from €739 to €1,764
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,896 | €128,491 | -€26,406 | -17.0% |
| Fixed assets | 21/28 | €140,726 | €109,719 | -€31,007 | -22.0% |
| Intangible fixed assets | 21 | €77,490 | €64,629 | -€12,861 | -16.6% |
| Tangible fixed assets | 22/27 | €63,236 | €45,090 | -€18,146 | -28.7% |
| Plant, machinery and equipment | 23 | €366 | €166 | -€200 | -54.6% |
| Furniture and vehicles | 24 | €38,400 | €30,109 | -€8,290 | -21.6% |
| Leasing and similar rights | 25 | €24,470 | €14,814 | -€9,656 | -39.5% |
| Current assets | 29/58 | €14,170 | €18,772 | +€4,602 | +32.5% |
| Amounts receivable within one year | 40/41 | €8,291 | €16,666 | +€8,375 | +101% |
| Trade receivables | 40 | €8,291 | €16,666 | +€8,375 | +101% |
| Cash at bank and in hand | 54/58 | €5,194 | €1,674 | -€3,521 | -67.8% |
| Deferred charges and accrued income | 490/1 | €685 | €432 | -€253 | -36.9% |
| Total equity and liabilities | 10/49 | €154,896 | €128,491 | -€26,406 | -17.0% |
| Equity | 10/15 | €5,281 | -€11,387 | -€16,668 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €281 | -€16,387 | -€16,668 | |
| Amounts payable | 17/49 | €149,615 | €139,878 | -€9,737 | -6.5% |
| Amounts payable after more than one year | 17 | €109,052 | €82,507 | -€26,545 | -24.3% |
| Financial debts | 170/4 | €104,052 | €77,507 | -€26,545 | -25.5% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,051 | €47,189 | +€7,138 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €25,196 | €26,545 | +€1,349 | +5.4% |
| Trade debts | 44 | €1,470 | €942 | -€528 | -35.9% |
| Suppliers | 440/4 | €1,470 | €942 | -€528 | -35.9% |
| Taxes, remuneration and social security | 45 | €6,924 | €3,208 | -€3,716 | -53.7% |
| Taxes | 450/3 | €4,924 | €3,208 | -€1,716 | -34.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €6,461 | €16,493 | +€10,032 | +155% |
| Accrued charges and deferred income | 492/3 | €512 | €10,183 | +€9,670 | +1,888% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,626 | €31,007 | +€1,381 | +4.7% |
| Other operating charges | 640/8 | €739 | €1,764 | +€1,026 | +139% |
| Gross operating margin | 9900 | €33,802 | €22,347 | -€11,455 | -33.9% |
| Operating profit (loss) | 9901 | €3,437 | -€10,424 | -€13,862 | |
| Financial charges | 65/66B | €6,065 | €5,901 | -€164 | -2.7% |
| Recurring financial charges | 65 | €6,065 | €5,901 | -€164 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,628 | -€16,326 | -€13,698 | -521% |
| Income taxes | 67/77 | €659 | €343 | -€316 | -48.0% |
| Profit (loss) for the period | 9904 | -€3,287 | -€16,668 | -€13,382 | -407% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,287 | -€16,668 | -€13,382 | -407% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.